NOT LISTED FOR SALE

2875 Hatcher Mountain Rd Sevierville, TN 37862

Estimated Value: $216,000

3 Beds
2 Baths
1,816 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $100,200 $55 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,155/month

156 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Ceiling Fan
  • Gatlinburg Pittman High School Rated A-
  • 2 Car Attached Garage
  • Wood Burning Fireplace

About This Home

As of August 2016

Located in beautiful Wears Valley outside Pigeon Forge, this property is priced to sell. The home offers 3 bedrooms, 2 bathrooms, and a partially finished basement on almost an acre. Located within a short distance from all tourist attractions in the Smokies, Pigeon Forge, and Gatlinburg, this property would make a lovely second/vacation home, or primary residence with a little TLC. Case #481-334890. HUD homes are sold AS-IS. Bids can be place @ www.hudhomestore.com. Managed by Chronos Solutions, www.chronossolutions.com.

Last Agent to Sell the Property

Tony Thomas

Weichert, REALTORS - Tiger Rea License #303045 Listed on: 01/11/2016

Weichert, REALTORS - Tiger Rea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 1988

Lot Details

  • 0.88 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding
  • Block And Beam Construction

Interior Spaces

  • 1,816 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wears Valley Prop Subdivision

Listing and Financial Details

  • Tax Lot /14A

Home Details

Home Type

Single Family

Est. Annual Taxes

$544

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Co List Office Mls Id: 520
  • Subdivision Name: Wears Valley Prop
  • Above Grade Finished Sq Ft: 1816.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Garage Yn: Yes
  • Location Tax and Legal Tax Lot2: /14A
  • Location Tax and Legal:Tax Annual Amount: 544.42
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Lot Size Acres: 0.88
  • General Property Information Above Grade Finished Area: 1816.0
  • General Property Information Below Grade Unfinished Area: 864.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Roof:Composition: Yes
  • Architectural Style Ranch2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Partially Finished
  • Interior Amenities: Ceiling Fan(s)
  • Street Number Modifier: 2875
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.88
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 38332.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 544.42
  • Tax Lot: /14A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Aug 26, 2016
Sold by
Sec Of Housing And Urban D
Bought by
Madore Joshua and Madore Jenna
Seller's Agent
Tony Thomas
Weichert, REALTORS - Tiger Rea
List Price
$116,000
Sold Price
$100,200
Premium/Discount to List
-$15,800
-13.62%
Current Estimated Value
$216,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,800
Avg. Annual Appreciation
8.78%
Original Mortgage
$127,129
Outstanding Balance
$104,135
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$111,865

Purchase Details

Closed on
Sep 29, 2015
Sold by
Ocwen Loan Servicing Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 18, 2015
Sold by
Farmer William E
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Aug 27, 2008
Sold by
Farmer William E
Bought by
Farmer William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,127
Interest Rate
6.48%

Purchase Details

Closed on
Oct 30, 2006
Sold by
Dianne Mahaffey
Bought by
Farmer William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.27%

Purchase Details

Closed on
Jan 18, 2006
Bought by
Mahaffey Dianne

Purchase Details

Closed on
Jul 22, 1986
Bought by
Perault Carl W and Perault Vickie
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Madore Joshua $100,200 --
Secretary Of Housing & Urban Development $161,400 --
The Secretary Of Housing And Urban Devel $161,437 --
Ocwen Loan Servicing Llc $161,437 --
Farmer William E -- --
Farmer William E $150,000 --
Mahaffey Dianne $140,000 --
Perault Carl W $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madore Joshua $127,129
Previous Owner Perault Carl W $163,127
Previous Owner Perault Carl W $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2019 11/24/19 Off Market $100,200 -- --
08/26/2016 08/26/16 Sold $100,200 -13.6% $55 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $116,000 -- $64 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $102 $6,875 $6,875 --
2024 $102 $6,875 $6,875 --
2023 $102 $6,875 $0 $0
2022 $229 $15,475 $6,875 $8,600
2021 $620 $15,475 $6,875 $8,600
2020 $594 $41,925 $6,875 $35,050
2019 $594 $31,925 $6,875 $25,050
2018 $594 $31,925 $6,875 $25,050
2017 $594 $31,925 $6,875 $25,050
2016 $594 $31,925 $6,875 $25,050
2015 -- $33,400 $0 $0
2014 $544 $33,398 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 200712

Great Smoky Mountains Association of REALTORS®

APN: 113-001.31